Petrofac Limited (POFCF)
| Market Cap | 157.67K -100.0% |
| Revenue (ttm) | 2.51B -1.8% |
| Net Income | -572.00M |
| EPS | -1.10 |
| Shares Out | 525.58M |
| PE Ratio | n/a |
| Forward PE | 0.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,250 |
| Average Volume | 3,719 |
| Open | 0.1090 |
| Previous Close | 0.0600 |
| Day's Range | 0.0600 - 0.1090 |
| 52-Week Range | 0.0003 - 0.1090 |
| Beta | 0.93 |
| RSI | 36.01 |
| Earnings Date | Jun 1, 2026 |
About Petrofac
Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES). The Engineering & Construction segment provides onshore and offshore engineering, procurement, construction, installation, and commissioning services. The Asset Solutions segment offers concept, feasibility, and front-end engineering design services, as well as manages and maintains onshore and offshore operat... [Read more]
Financial Performance
In 2023, Petrofac's revenue was $2.50 billion, a decrease of -2.77% compared to the previous year's $2.57 billion. Losses were -$505.00 million, 57.8% more than in 2022.
Financial StatementsNews
UK's Petrofac seeks creditors' compromise on claims to allow asset sale
British oilfield services provider Petrofac said on Wednesday its creditors will meet later this month to vote on a proposal requiring them to compromise some of their claims in order to allow the sal...
Petrofac files for administration: how the FTSE 100 energy firm sunk into decline
Offshore energy firm Petrofac has filed for administration after a year of financial strain and the termination of a major contract with Dutch grid operator TenneT, putting 2,000 jobs in Scotland at r...
Petrofac files for administration after losing major Dutch wind contract
Oilfield services provider Petrofac said on Monday it has applied to the High Court of England and Wales to appoint administrators after grid operator TenneT's termination of its involvement in a majo...
UK's Petrofac lines up administrator, Sky News reports
The board of oilfield services provider Petrofac has lined up Teneo to act as administrator, a move which could be triggered as early as Monday morning and imperil more than 2,000 jobs in Scotland, Sk...
UK's Petrofac's restructuring plan to leave shareholders empty-handed
Oilfield services provider Petrofac said on Friday its ongoing restructuring would leave existing shareholders with no residual value, as it moves to complete the process by November-end.
UK's Petrofac says court upholds appeal against restructuring plan
Britain's Petrofac on Tuesday said a UK court upheld an appeal brought by some of the oilfield services provider's creditors against the approval of a restructuring plan that would unlock $355 million...
Petrofac secures over 70% creditor support for restructuring plans
Oilfield services provider Petrofac said on Thursday over 70% of its bondholders backed the restructuring plan deal it entered into last year to raise funds through equity financing, crucial for stabi...
UK's Petrofac in binding agreement with creditors on financial restructuring
Oilfield services provider Petrofac said on Sunday that it has entered into a binding agreement with key financial creditors on the terms of a comprehensive restructuring.
UK's Petrofac plummets as half-yearly losses surge
Shares of British oilfield services provider Petrofac dropped 33% on Monday after the company reported a bigger half-yearly losses, amid difficulties in closing legacy contracts in its biggest divisio...
Petrofac share price short squeeze explained: why did PFC pop?
The Petrofac (LON: PFC) share price went parabolic on Wednesday, leading to one of the biggest short squeezes in London this week. The stock surged to a high of 37.25p, its highest point since Novembe...
Oilfield services firm Petrofac mulls asset sale; warns on cash flow
Petrofac said on Monday it was in discussions to sell some non-core assets and warned it would no longer be able to meet its annual forecast of "broadly neutral free cash flow", dragging the oilfield ...
UK's Petrofac gets over $600 mln carbon capture contract from ADNOC Gas
British oil services firm Petrofac said on Tuesday it was awarded a contract valued at over $600 million by ADNOC Gas for its Habshan carbon capture and storage project.
Petrofac Limited (POFCF) Q2 2023 Earnings Call Transcript
Petrofac Limited (OTCPK:POFCF) Q2 2023 Earnings Conference Call August 10, 2023 3:30 AM ET Company Participants Tareq Kawash - Group Chief Executive Officer Afonso Reis e Sousa - Chief Financial Offic...
UK's Petrofac posts half-year loss on weak performance of largest unit
UK oilfield services provider Petrofac posted a half-year loss on Thursday, hurt by subdued activity at its largest unit - engineering & construction.
Petrofac offshore workers vote to strike, Unite says
British union Unite on Monday said that offshore workers employed by Petrofac voted for strike action in disputes over jobs, pay and conditions.